Where Did Groupon's Billion Dollars Go? — In January, Groupon raised $950 million. By the end of March, it had $209 million in cash. — What happened to all that money? — The company's IPO filing spells that out: Almost all of it went right back out the door, to employees and early investors.

Apple signs Universal Music to iCloud — Apple has cut a licensing deal with Universal Music Group that will enable Apple's online music store to offer songs from the largest of the four top record companies, sources with knowledge of the talks told CNET. — The agreement means Apple …

WWDC 2011 banners at Moscone Center show new iCloud icon — Apple is working to prepare San Francisco's Moscone Center West for the company's 2011 Worldwide Developer Conference to be held next week. — This morning, workers were putting the finishing touches on the giant white Apple logos …

Adobe CEO: The Flash Argument With Apple Is Over — Adobe CEO Shantanu Narayen says the argument with Apple over supporting its Flash software on the iPad and iPhone devices is over. “It's an argument that the press likes to continue bringing up,” he said in an on stage conversation with Wall Mossberg at the All Things D conference.

What's In Facebook's Pile Of Evidence Against Paul Ceglia? — Earlier today, Facebook offered a significant new filing in the Ceglia case. The documents show that Facebook has hired a bevy of experts and investigators to look over Ceglia's past, and every shred of evidence he's offered the court.

Amazon enters the daily deals space with AmazonLocal — Online retail giant Amazon has become the latest company to move into the daily deals space with the launch of AmazonLocal, an online marketplace that will allow its customers to buy vouchers or deals that can be redeemed against goods …

More on Apple's Airport/Time Capsule and a possible refresh — We've been tracking Time Capsule/Airport shortages reported earlier for about a week. Our sources noted that Airport Express has been plentiful but supplies of TimeCapsule and Airport Extreme have been tightening globally the way products usually do before a refresh.

OnLive outs universal wireless controller, seamless Facebook integration and more — we test the tablet experience on an HTC Flyer (video) — We told you that OnLive was coming to tablets, TVs, and other devices a while back, but perhaps you were vexed by the thought of controlling Duke Nukem via touchscreen or IR remote.